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Challenges and Opportunities: Mergers and Acquisitions in the Brazilian Betting Market

Challenges and Opportunities: Mergers and Acquisitions in the Brazilian Betting Market

In an exclusive article for GMB, Luiz Felipe Maia and Flavio Picchi, partners at Maia Yoshiyasu Advogados, discuss the increase in mergers and acquisitions in the Brazilian iGaming market, driven by ongoing regulation. Both highlight the purchase of NSX Group by Flutter Entertainment and the interes

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Crownstone will invest R$ 50 million in the acquisition of unregulated bets in Brazil to create new brands.

Crownstone will invest R$ 50 million in the acquisition of unregulated bets in Brazil to create new brands.

Brunno Galvão leads Crownstone Ventures, a US fund owner of Elisa.bet, among other bets. The executive revealed that the company will invest R$ 50 million this year in the acquisition of betting houses that will not regulate. The goal is to merge these operations and form new brands that will receiv

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Bets: legislation should reduce the number of betting companies in the country and generate revenue of R$ 3 billion

Bets: legislation should reduce the number of betting companies in the country and generate revenue of R$ 3 billion

New entry barrier for companies will take effect from 2025 and will act as a sieve to remove companies from the game. According to experts, the expectation is that the market will professionalize like never before and that the legislation will unlock money for mergers and acquisitions and for ventur

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